Cable Company Stocks Fall Sharply After Obama Calls For FCC To Reclassify Internet Access As Utility
Cable company stocks fell sharply Monday after President Barack Obama called for the Federal Communications Commission to reclassify Internet access as a utility.
Alexis Ohanian tells CBS DC free, unfettered access to the Internet represents the American traditions of fair play and hard work.
Federal Communications Commission Chairman Tom Wheeler is broadening the scope of his proposed open Internet rules and suggesting tougher standards for Internet providers who wish to create paid priority fast lanes on their networks.
The Federal Communications Commission is set to propose new Internet rules that would allow Internet service providers to charge content companies for faster delivery of their services over the so-called “last mile” connection to people’s homes.